Roger Smith (executive) Quotes

Roger Bonham Smith was the chairman and CEO of General Motors Corporation from 1981 to 1990, and is widely known as the main subject of Michael Moore's 1989 documentary film Roger & Me.

Smith seemed to be the last of the old-line GM chairmen, a conservative anonymous bureaucrat, resisting change. However, propelled by industry and market conditions, Smith oversaw some of the most fundamental changes in GM's history. When Smith took over GM, it was reeling from its first annual loss since the early 1920s. Its reputation had been tarnished by lawsuits, persistent quality problems, bad labor relations, public protests over the installation of Chevrolet engines in Oldsmobiles, and by a poorly designed diesel engine. GM was also losing market share to foreign automakers for the first time.

Deciding that GM needed to completely change its structure in order to be competitive, Smith instituted a sweeping transformation. Initiatives included divisional consolidation, forming strategic joint ventures with Japanese and Korean automakers, launching the Saturn division, investing heavily in technological automation and robotics, and attempting to rid the company of its risk-averse bureaucracy. However, Smith's far-reaching goals proved too ambitious to be implemented effectively in the face of the company's resistant corporate culture. Despite Smith's vision, he was unable to successfully integrate GM's major acquisitions and failed to tackle the root causes of GM's fundamental problems.A controversial figure widely associated with GM's decline, Smith's tenure is commonly viewed as a failure, as GM's share of the US market fell from 46% to 35% and the company lapsed close to bankruptcy during the early 1990s recession. Consequently, CNBC has called Smith one of the "Worst American CEOs of All Time," stating, "Smith...had the right idea but may have lacked the intuition to understand how his rip-up-the-carpet redo would affect the delicate web of informal communication that GM relied upon." In 2013, he was included on Fortune's list of the "10 Worst Auto Chiefs," with writer Alex Taylor III stating, "He wasted billions trying to revive the sagging giant through diversification , automation , reorganization , commonization and experimentation . Smith's legacy was a fleet of lookalike autos, an unqualified successor, and a mountain of debt that pushed the company close to bankruptcy in 1992." Smith and his legacy remain subjects of considerable interest and debate among automotive writers and historians. Wikipedia  

✵ 12. July 1925 – 29. November 2007
Roger Smith (executive): 21   quotes 0   likes

Famous Roger Smith (executive) Quotes

“They learn about the kinds of creativity that leads to visionary solutions”

Attributed to Roger Smith in: Seyhan N. Ege et al. (1997) " The university of Michigan undergraduate chemistry curriculum 1. philosophy, curriculum, and the nature of change. http://www-personal.umich.edu/~bcoppola/publications/21.%20p74-83.pdf" Journal of Chemical Education, 74(1), p. 75
S.N. Edge is quoting here Roger B. Smith, then Chairman of General Motors Corporation, who was speaking in October 1985 at the University of Michigan about the question "What is a liberal art?"

“I don’t expect them to build a big stone monument to me; that’s not my goal in life. I’d like to think that if I did anything extraordinary, it was the work that we did in getting the corporation ready for the 21st century.”

Smith cited in: Micheline Maynard (2007) " Roger B. Smith, 82, Ex-Chief of G.M., Dies http://www.nytimes.com/2007/12/01/business/01smith.html" in The New York Times December 1, 2007.

“We hope this car will be less labor intensive, less material intensive, less everything intensive than anything we have done before.”

R.B. Smith cited in: Lloyd L. Byars (1987) Strategic management: planning and implementation : concepts and cases p. 150.
Smith was talking about the new cars of the Saturn Corporation, a new brand, established as subsidiary of General Motors begin 1985 in response to the success of Japanese automobile imports in the United States.

Roger Smith (executive) Quotes about learning

“Liberal Arts may ultimately prove to be the most relevant learning model. People trained in the Liberal Arts learn to tolerate ambiguity and to bring order out of apparent confusion. They have the kind of sideways thinking and cross-classifying habit of mind that comes from learning, among other things, the many different ways of looking at literary works, social systems, chemical processes or languages.”

Cited in: " Bachelor of Arts in Liberal Studies: What is Liberal Studies? http://scs.georgetown.edu/departments/4/bachelor-of-arts-in-liberal-studies/department-details.cfm#f2" on georgetown.edu about bachelor of arts in liberal studies, 2013.
The liberal arts and the art of management (1987)

Roger Smith (executive) Quotes about weight training and exercise

Roger Smith (executive) Quotes

“The ultimate impact of the liberal arts on the art of management, then, is a major contribution to the evolution of an ethical and humanistic capitalism -- a system that stimulates innovation, fosters excellence, enriches society, and dignifies work.”

As cited in: G. Page West, Elizabeth J. Gatewood, Kelly G. Shaver (2009) Handbook of University-wide Entrepreneurship Education. p. 225.
The liberal arts and the art of management (1987)

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